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Leasing Unit No. 67

Summit County, UT
Utah SITLA - Oil, Gas & Associated Hydrocarbons

AUCTION CANCELLED

Registration Status:

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Your Bid Status:

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Lease:

Leasing Unit No. 67

Gross Acres:

1,367.42

Net Acres:

1,367.42

Time Remaining:

Auction has ended

Start Time:

10/8/2016 5:00 PM MDT / 6:00 PM CDT

End Time:

10/28/2016 5:00 PM MDT / 6:00 PM CDT

Minimum Bid:

$2 per acre

Total Lease Cost at Minimum Bid:

$2,820.72
(Bonus + Agency Fees + Buyer Premium)

Legal Description:

Lease Details

Lease Name

Utah Leasing Unit No. 67

County, State

Summit, UT

Legal Description

T3N, R5E, SLB&M
Sec. 4: Lots 2(33.80), 4(33.96), SW¼NE¼, S½NW¼, SW¼, N½SE¼, SW¼SE¼ [Lots aka NW¼NE¼, NW¼NW¼]
Sec. 6: Lots 1(34.12), 3(33.99), 5(31.30), 7(31.70), S½NE¼, SE¼NW¼, E½SW¼, SE¼ [Lots aka NE¼NE¼, NE¼NW¼, SW¼NW¼, SW¼SW¼]
Sec. 8: SW¼NE¼, SE¼NW¼, NE¼SW¼, NW¼SE¼
Sec. 24: SE¼NE¼, SE¼
Sec. 30: Part of SW¼NE¼, Part of SE¼NW¼ [Metes & Bounds]

Gross Acres

1,367.42

Net Acres

1,367.42

Royalty

16.67%

Lease Term

5 Years

Application Fee

$30.00

Special Stipulation

Located Within the Greater Sage Grouse Occupied Lands

Additional Information

Section 30, Metes and Bounds
SW¼NE¼, SE¼NW¼, excepting therefrom the following:

Beginning at the SW corner of SE¼NW¼ of said Section 30, running thence N 0º32' E 1178.4 feet along West line of said SE¼NW¼, thence S 58º46' E 1193.8 feet, S 75º23' East 591.6 feet, thence S 66º32' E 935.6 feet, thence South 39º19' E 54.8 feet to South line of NE¼ of said Section 30, thence N 89º54' W 2497.0 feet to the point of beginning, 31.45 acres more or less.
All bidding and lease sales on SITLA properties listed on this website shall be subject to the statutes, administrative rules, and other laws of the State of Utah, including but not limited to the Utah Government Records Access and Management Act, UTAH CODE §63G-2-101, et. seq.
Purchase price includes the lease bonus and 1st year rental. Buyer will be responsible for paying rental payment for years 2 through 5.
Failure of funds or failure to execute a lease within 30 days of receipt shall constitute a forfeiture of the bonus bid and termination of the lease agreement.
Special Stipulations
This tract may contain acreage within a State Managed Greater Sage Grouse Habitat. To see the full Conservation Plan, click here. For more information regarding the Greater Sage Grouse, you can visit http://wildlife.utah.gov/learn-more/greater-sage-grouse.html
Successful Bidder Notification
When the bids are accepted by SITLA, the successful bidder will be notified via email with closing instructions, including total amount due.
GIS Data
GIS data in the form of a shapefile is available for this lease sale. Click here to download.
Please be advised that the information contained herein is for REFERENCE USE ONLY and is not suitable for legal, engineering, or surveying purposes. Neither SITLA nor EnergyNet.com shall be liable for any direct, indirect or consequential damages to any party arising out of or in connection with the use of data contained herein.
Contact Information
SITLA
Ed Bonner
Trust Lands Mineral Resource Specialist
(801) 538-5151

Lisa Wells
Senior Research Analyst
(801) 538-5154

Aly Hale
Lease Analyst
(801) 538-5159
EnergyNet
John S. Munroe
VP of Engineering / Government Lease Sales
(832) 403-3122

Gus Rivero
Manager of Government Lease Sales
(806) 463-3616

Brandon Savage
Asst Manager of Government Lease Sales
(806) 463-3621